Real exchange rates and bilateral trade dynamics of Turkey: panel cointegration approach

ÇELİK S., Kaya H.

APPLIED ECONOMICS LETTERS, cilt.17, sa.8, ss.791-795, 2010 (SSCI) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 17 Sayı: 8
  • Basım Tarihi: 2010
  • Doi Numarası: 10.1080/13504850802388993
  • Dergi Adı: APPLIED ECONOMICS LETTERS
  • Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
  • Sayfa Sayıları: ss.791-795
  • Marmara Üniversitesi Adresli: Evet

Özet

The aim of this article is to analyse Turkey's bilateral trade dynamics with respect to a panel of seven countries. Employing several panel cointegration techniques, we show that the effect of a devaluation of Turkish currency on trade balance is country specific and there is no J-curve effect.